Why Purchasing New Construction Is Different From Purchasing an Existing Home
Today we’re continuing our discussion on new construction homes. Specifically, we’re taking a look at the differences between buying a brand-new home and buying a home that’s already been lived in. For one thing, your down payment will probably be higher. If a builder is making a custom home for you, they want to have some insurance in case you decide to walk away from the purchase for whatever reason. There are different financing options, down payment solutions, and more factors that you’ll want to consider as well.